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New Projects and Expansions news
25 August 2026
LKAB builds 25 Mt/y sorting plant in Malmberget
New facility adds ~7–8 Mt/y capacity, prepares for apatite handling for phosphorus and rare-earth plans, backed by SEK 6bn investment and due in 2028.
25 August 2026
Equinor reshapes international portfolio — targets 950,000 boepd outside Norway by 2030
Portfolio concentrated into fewer countries, expected ~USD 20bn free cash flow 2026–2030; US, Brazil and Angola to drive growth; higher margins from high-grading and stepped-up exploration.
25 August 2026
Equinor: Troll Phase 3 Stage 2 boosts gas supply to Troll A
Stage 2 began production on 22 August, accelerating 55 billion scm from Troll West, coming online early and several hundred million NOK below the original cost estimate.
25 August 2026
MAIRE awards ~€50m in STS contracts to Nextchem/Stamicarbon
Contracts fund urea licensing, PDP and proprietary equipment across Asia, Europe and North America, plus a feasibility study for a 40,000 t/yr polyolefin upcycling plant.
25 August 2026
Axens reaches 300th Prime-G+® unit with modular start-up at Raízen Argentina
Modular FCC gasoline desulfurization unit commissioned in Argentina, marking the 300th Prime‑G+® installation and demonstrating faster delivery with reduced onsite activities.
25 August 2026
EnviTec Biogas advances two French biomethane projects
Conversion of Biowatt to biomethane and construction of Valoverte set commissioning between end‑2026 and July‑2027, using EnviThan upgrading units.
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25 August 2026
Sinopec 2026 mid-year results
H1 revenue RMB1,436.6bn; net profit RMB25.6bn; interim dividend RMB0.105/share; oil & gas eq 263.47m bbl; ethylene 6.394m t; chemical exports up 70%.
24 August 2026
Petrobras launches EPC tender for 5,500 m3/day HDT at Repar
EPC tender opened for a 5,500 m3/day Diesel S-10 hydrotreating unit at Repar; part of the 2026–2030 portfolio and could help add ~70 kbpd with similar projects.
24 August 2026
Equinor, Aker BP and Vår Energi form exploration alliance on the Norwegian continental shelf
A joint programme will target high‑impact prospects to find standalone field candidates by testing 20–25 opportunities and drilling about five wells per year.
24 August 2026
Group refining and new‑materials units implement leadership conference
Units move to stabilise refining volumes, raise new‑materials output and upgrade product mix while pushing structural adjustment under the 'one base, two wings, three chains, four new' pattern.
24 August 2026
Sumitomo-led consortium wins JOGMEC design contract for ship-based CCS at Mizushima
Design and feasibility work for CO2 capture, liquefaction, temporary storage and maritime shipping at Mizushima to support a 3.43 Mtpa liquefied CO2 hub.
21 August 2026
Petrobras begins negotiations for Keta Basin exploration blocks in Ghana
Filed interest for offshore Keta Basin blocks; Ghana approved direct negotiation for four exploration contracts.
21 August 2026
Rompetrol Rafinare: 4.8 MW PV plant and 9 MWh storage for Vega Ploieşti
4.8 MW PV plant with ~9 MWh battery will supply >6,200 MWh/yr for self‑consumption, cut >3,800 tCO2/yr; investment ~27 million lei; completion by 31 Dec 2028.
21 August 2026
Statkraft applies to build new Høyanger K5 and Breidal hydropower plants
Seeks licence to replace K5A/B with larger K5 and Breidal plants, boosting capacity to ~257 MW and output to ~780 GWh without new reservoirs.
21 August 2026
SOCAR launches WIN open innovation program
Open call for startups and tech firms to test energy transition, AI, digital and HSE solutions in real operations; applications close Sept 12, 2026.
21 August 2026
WarmtelinQ (Gasunie) installs 1,562 m HDD for Rotterdam–The Hague–Leiden heat network
Final drilling section completed, bringing commissioning closer and allowing residual Port of Rotterdam heat to supply roughly 120,000 homes and businesses.
20 August 2026
matterr secures non‑refundable ERDF and Lower Saxony grant for ReNaTe
Project will valorise PET recycling side streams to create marketable outputs and improve resource efficiency of matterr’s chemical recycling process.
20 August 2026
Genentech expands Hillsboro site with device fill-finish facility
About $750 million to double facility size, add pre-filled syringe and autoinjector capacity, create ~250 manufacturing jobs and begin commercial operations in 2031.
20 August 2026
ORLEN secures up to a quarter of crude with Equinor from Johan Sverdrup
Three-year contract starts in September; deliveries may total nearly 5 to over 9 Mt/y, supplying refineries in Poland, the Czech Republic and Lithuania.
20 August 2026
Messer expands industrial gas capacity in Northern Vietnam
Two new plants in Thai Nguyen add 900 t/d liquid gas, bringing regional capacity to 2,000 t/d; USD 40M investment to support electronics and semiconductors.
19 August 2026
Sunfire begins SOEC test facility construction at Industrial Park Lausitz
Groundbreaking for a high‑temperature SOEC test plant to validate Sunfire’s next-generation electrolyzers under industrial conditions and accelerate commercial scale-up.
19 August 2026
Avantium advances FDCA Flagship Plant start-up and readies financing package
Oxidation unit commissioned; full start-up and first FDCA production targeted end‑2026; 22 offtakes and >150 kt reservations secured; pursuing €55m equity plus a €20m NOM loan.
19 August 2026
Mitsubishi Chemical commercializes ultra‑high‑purity colloidal silica
Ultra‑high‑purity colloidal silica for wafer polishing and CMP slurries; new Kyushu Plant line to start commercial operations in October 2028.
19 August 2026
PETRONAS Chemicals Group posts resilient 2Q 2026 earnings amid major turnarounds
Improved earnings despite reduced plant utilisation from major planned turnarounds; revenue RM7.9bn, EBITDA RM1.3bn and interim dividend RM480m.
19 August 2026
CNPC's 800 MW wind-solar project in Jimunai begins grid supply
600 MW wind and 200 MW PV with 80×7.5 MW turbines and a 220 kV substation, targeting 1.6 billion kWh/year and cutting 0.96 Mt CO2 annually.
19 August 2026
Asahi Kasei expands Kawasaki electrolyzer and chlor‑alkali capacity with regional incentives
Kanagawa Prefecture and Kawasaki city provide financial support for new Kawasaki facilities targeting at least 2 GW each by 2028, raising total capacity above 3 GW.
18 August 2026
Genentech completes structural frame for $2B Holly Springs biomanufacturing site
Topping out completes the $2B facility’s structural frame; facility will use automation, robotics and an AI-powered digital twin and is expected to support 2,000+ jobs.
18 August 2026
Equinor takes 17.4% stake in Chevron-operated PEL 90, Namibia
Entry into Namibia via PEL 90 gives access to a drill-ready Orange Basin prospect scheduled for testing in 2026; closing subject to regulatory approvals.
18 August 2026
Clariant opens two Additives R&D labs in China
Two new labs in Huizhou and Shanghai add full local synthesis and pilot-scale R&D for flame retardants and performance additives, strengthening China and APAC support.
18 August 2026
Aramco and Maaden JV to explore copper and energy‑transition minerals in Saudi Transition Zone
Explore ~182,000 km² Transition Zone (~10% of Saudi land) for copper and other energy‑transition minerals using AI and high‑performance computing; subject to regulatory approvals.
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